Business

Texas Sues TikTok for Exposing Minors to Inappropriate Content

Texas Attorney General Ken Paxton filed a lawsuit against social media platform TikTok, alleging it has exposed children to "inappropriate and explicit material," a press release says.

Ben and Jerry’s Join Protest ‘Against Fascism’

Ice cream company Ben and Jerry's is joining a protest to "send an urgent message to the incoming administration," according to a newsletter shared on social media.

Trump Given an ‘Unconditional Discharge’ in Business Records Case

Judge Juan Merchan gave President-elect Donald Trump an unconditional discharge in the New York business records case. The sentencing does not carry a penalty.

JPMorgan Leaves Climate Alliance

JPMorgan Chase is the latest major financial entity to leave the Net-Zero Banking Alliance.

House Republicans Push to Abolish IRS and Implement National Sales Tax

House Republicans are renewing efforts to introduce a national sales tax and abolish the Internal Revenue Service (IRS), framing the measure as a way to ensure illegal immigrants contribute taxes. Representative Buddy Carter (R-GA) will unveil the FairTax Act of 2025 on Thursday, a bill designed to overhaul the U.S. tax system by replacing the federal income tax with a 23% national sales tax.

LA Mayor Karen Bass Faces Backlash Over Absence During Wildfires

Los Angeles Mayor Karen Bass is under fire for her absence during the city’s battle with catastrophic wildfires fueled by unprecedented windstorms. The mayor was in Ghana on a taxpayer-funded delegation to attend the inauguration of Ghanaian President John Dramani Mahama as fires ravaged the city and forced over 80,000 residents to evacuate.

Detroit School District Closed Due to Student Threat

When a threat was reported in the River Rouge School District, authorities quickly took action to ensure the safety of the community. Police believe they have identified the student responsible, but the district decided to shut down operations as a precaution.

Yellen Admits COVID Relief Spending Contributed to Inflation

U.S. Treasury Secretary Janet Yellen acknowledged in a CNBC interview that the Biden administration's pandemic stimulus spending may have contributed “a little bit” to inflation.

Exxon Files Defamation Lawsuit Against CA Attorney General, Environmental Groups

Exxon Mobil Corp. filed a lawsuit against California Attorney General Rob Bonta and several environmental groups, alleging that Bonta and the groups organized a defamation campaign against its plastic recycling efforts.

Kevin O’Leary Supports Efforts to Acquire TikTok

Investor Kevin O'Leary announced that he partnered with an initiative seeking to acquire TikTok. The announcement comes as the social media platform is set to be banned across the United States later this month.

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